Hydropower plants operating within state-owned power utility ERS recorded a net profit of 6.75 million euros in the first quarter of 2023.
The most profitable was “Hidroelektrane na Trebisnjici”, with 5.5 million euros. HET’s profit almost doubled compared to the first quarter of 2022 (2.85 million euros).
“Hidroelektrane na Vrbasu” reached a net profit of 1.1 million euros in the first three months of 2023, compared to 0.85 million euros in the same period last year.
“Hidroelektrane na Drini” recorded a lower profit in Q1, around 180,000 euros compared to 420,000 euros last year.
